Uzbekistan: Market for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards 2024

Market Size for Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Uzbekistan

After three years of decline, the Uzbek non-woven glass fibre articles market increased by 190% to $X in 2021. In general, consumption, however, posted a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards in Uzbekistan

In value terms, non-woven glass fibre articles production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt decline. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Exports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Exports from Uzbekistan

In 2021, overseas shipments of non-woven glass fibre webs, felts, mattresses and boards decreased by -45.9% to X tons, falling for the third year in a row after two years of growth. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 98% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-woven glass fibre articles exports soared to $X in 2021. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 101% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the near future.

Exports by Country

Kazakhstan (X tons) was the main destination for non-woven glass fibre articles exports from Uzbekistan, with a 65% share of total exports. Moreover, non-woven glass fibre articles exports to Kazakhstan exceeded the volume sent to the second major destination, Kyrgyzstan (X tons), twofold.

From 2017 to 2021, the average annual rate of growth in terms of volume to Kazakhstan amounted to -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+0.2% per year) and Tajikistan (-33.3% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for non-woven glass fibre webs, felts, mattresses and boards exports from Uzbekistan, comprising 66% of total exports. The second position in the ranking was taken by Kyrgyzstan ($X), with a 28% share of total exports.

From 2017 to 2021, the average annual growth rate of value to Kazakhstan amounted to +28.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kyrgyzstan (+28.3% per year) and Tajikistan (-12.2% per year).

Export Prices by Country

The average non-woven glass fibre articles export price stood at $X per ton in 2021, with an increase of 196% against the previous year. Overall, the export price continues to indicate a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, the country with the highest price was Kyrgyzstan ($X per ton), while the average price for exports to Tajikistan ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven Glass Fibre Webs, Felts, Mattresses And Boards

Imports into Uzbekistan

In 2021, overseas purchases of non-woven glass fibre webs, felts, mattresses and boards decreased by -46.8% to X tons, falling for the second year in a row after three years of growth. In general, imports, however, showed noticeable growth. The growth pace was the most rapid in 2018 when imports increased by 78% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, non-woven glass fibre articles imports expanded slightly to $X in 2021. Over the period under review, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 57%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Russia (X tons) constituted the largest non-woven glass fibre articles supplier to Uzbekistan, accounting for a 75% share of total imports. Moreover, non-woven glass fibre articles imports from Russia exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold.

From 2017 to 2021, the average annual growth rate of volume from Russia stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.7% per year) and Turkey (-9.8% per year).

In value terms, Russia ($X) constituted the largest supplier of non-woven glass fibre webs, felts, mattresses and boards to Uzbekistan, comprising 71% of total imports. The second position in the ranking was taken by China ($X), with a 20% share of total imports.

From 2017 to 2021, the average annual rate of growth in terms of value from Russia stood at +23.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.6% per year) and Turkey (+11.6% per year).

Import Prices by Country

The average non-woven glass fibre articles import price stood at $X per ton in 2021, jumping by 94% against the previous year. Overall, the import price recorded strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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